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Tax reform leads to record quarter for American Savings Bank
Boosted by the Trump administration's federal tax reform, Honolulu-based American Savings Bank reported first quarter earnings of $18.9 million for the year ending March 31, the highest quarterly net income in the company’s history. Net income f.....»»
Apple Spent A Record $22.8BN On Buybacks In Q1, More Than Market Cap Of Most Companies
Critics of President Trump's tax reform plan said corporations would just use the massive piles of cash repatriated under the new tax law to buy back more stock. And, as it turns out, Apple has proven t.....»»
U.S. activist fund Elliott to vote against Hyundai restructuring plan
SEOUL (Reuters) - U.S. activist fund Elliott Management said it will vote against Hyundai Motor Group's restructuring plan and urged other shareholders to reject the proposal to reform South Korea's second-largest conglomerate......»»
A new report says Trump"s attempt to "repeal" Obamacare might fizzle because too many Americans like their Obamacare plan
Reuters Republicans repealed Obamacare's individual mandate in their tax reform law.....»»
Donald Trump"s Tax Plan Could Have Churches Paying Thousands of Dollars More
The tax reform bill, which passed into law last year, may cost nonprofits tens of thousands of dollars......»»
China says Trump"s tariffs "launched the largest trade war in economic history," vows to strike back
Reuters/Jason Lee The Chinese government responde.....»»
Trump lays out plan for reducing drug prices
President Donald Trump is launching what he says will be the "most sweeping action in history to lower the price of prescription drugs for the American people." (May 11).....»»
Those Short-Term Health Plans Backed by Trump Are Cheap for a Reason
Short-term health plans with a history of consumer complaints will get a larger role in the U.S. insurance market under the plan. Short-term health plans with a history of consumer complaints will get a larger role in the U.S. insurance marke.....»»
Ford Reveals "One Of The Largest Floor-Plan Financing Frauds In The History Of The US"
Ford Motor Credit Company LLC (“Ford Creditâ€) filed court documents with the Northern District of Texas last week, as part of a lawsuit against Reagor-Dykes Motors, LP claiming the de.....»»
States blast Trump administration coal plan, mull lawsuits
States with a history of fighting air pollution from coal-fired power plants are denouncing the Trump administration's move to scale back restrictions on emissions, with some threatening court challenges......»»
Exclusive: Aramco listing plan halted, oil giant disbands advisors - sources
Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday......»»
Trump wants to move ahead with tariffs on Chinese imports worth $200 billion next week: Bloomberg
U.S. President Donald Trump has told aides he wants to move ahead on a plan to impose tariffs on Chinese imports worth $200 billion next week, Bloomberg News reported, further ratcheting up trade tensions between the world's two largest economies......»»
Trump claimed that he dumped all of his stocks right before the Black Monday crash in 1987 and blamed the US trade deficit for the fall
Black Monday, October 19, 1987 was the day of the largest one day stock market drop in history. Then-real estate investor Donald Trump told the Wall Street Journal the next day that he had dumped all his stock in the preceding months before the crash......»»
Professor Asks Students To Compare Trump, Nazi Policies
Authored by Celine Ryan via Campus Reform, A University of Arizona student has reported that she was asked to compare President Donald Trump's policies to those of the Nazis in a course based on the history of the Holocau.....»»
G-20 Leaders Give Nod to Trump in Watered-Down Trade Language
Group of 20 nations have agreed that the current global trading system has flaws and needs reform. Leaders of the world's largest economies agreed the global system of rules that's underpinned trade for decades is flawed, in a p.....»»
AEP"s bid for Ohio"s largest solar farm could be "landmark case" for state"s energy industy
Business, construction and development leaders in Appalachia are rallying in support of AEP's plan to build the largest solar farm in Ohio history. The Public Utilities Commission of Ohio held its first public hearing on AEP Ohio's plan to build two .....»»
Netflix Hikes Prices Up To 18% For 58 Million US Subscribers
For the fourth time in its history (the last hike came in 2017), Netflix is raising prices by 13-18% - its biggest price-hike since launching 12 years ago. AP reports that Netflix's most popular plan will see the largest hike, to $13 per mo.....»»
These States Have The Highest Tax Burden In The US
With homeowners in blue states bracing for a higher federal tax burden now that their mortgage interest and property tax deductions have been capped thanks to the Trump tax reform plan, many are being reminded that this added burden comes on top of .....»»
Desantis pitches $91.3 billion spending plan
In what would be the largest budget in state history, Gov. Ron DeSantis on Friday released a proposed $91.3 billion spending plan that would increase school funding, pump money into water-quality projects and trim taxes. DeSantis’ proposal is a s.....»»
Broadcom, Twitter among corporations saving billions from Trump tax reform. Here are the companies that paid the most — and least — to the IRS last year.
If anyone suspected President Donald Trump's tax reform plan would be a boon for businesses, the results are in: Many of the nation's biggest companies are paying less in income taxes, and hundreds are paying nothing at all. A Business Journals an.....»»